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flag President Biden nominates Christy Goldsmith Romero as FDIC head following Gruenberg's resignation.

flag President Joe Biden announced that he would nominate Christy Goldsmith Romero as the new head of the Federal Deposit Insurance Corporation (FDIC) following Martin Gruenberg's resignation amid allegations of workplace abuse. flag Romero, a financial regulator and law professor, is currently a commissioner at the Commodity Futures Trading Commission. flag If confirmed, she will address the issues within the FDIC and work to rebuild trust between employees and management.

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